American Homes 4 Rent (NYSE:AMH) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• American Homes 4 Rent (NYSE:AMH) has been rated as "Moderate Buy" by analysts, with six recommending a hold and six suggesting a buy, while the average price target is set at $39.83.
• The company declared a quarterly dividend of $0.30 per share, translating to an annual yield of 3.7%, with a dividend payout ratio of 108.11%.
• American Homes 4 Rent reported earnings of $0.47 per share for the last quarter, exceeding expectations and showing an 8.0% year-over-year revenue growth.

Shares of American Homes 4 Rent (NYSE:AMH - Get Free Report) have been assigned an average rating of "Moderate Buy" from the twelve research firms that are presently covering the stock, Marketbeat reports. Six investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $39.8333.

Several brokerages recently issued reports on AMH. Barclays reduced their price objective on American Homes 4 Rent from $40.00 to $39.00 and set an "equal weight" rating on the stock in a research note on Tuesday, August 12th. Morgan Stanley increased their target price on American Homes 4 Rent from $40.50 to $41.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 19th. The Goldman Sachs Group lowered American Homes 4 Rent from a "buy" rating to a "neutral" rating and dropped their target price for the stock from $43.00 to $37.00 in a research report on Wednesday, September 17th. Citigroup lowered American Homes 4 Rent from a "buy" rating to a "neutral" rating and set a $41.00 price target on the stock. in a report on Friday, June 6th. Finally, Evercore ISI lowered their price target on American Homes 4 Rent from $41.00 to $40.00 and set an "outperform" rating on the stock in a report on Monday, September 15th.

American Homes 4 Rent Stock Performance

Shares of AMH opened at $32.59 on Friday. The business's fifty day moving average price is $34.81 and its 200 day moving average price is $36.03. American Homes 4 Rent has a 12-month low of $31.68 and a 12-month high of $39.49. The stock has a market capitalization of $12.09 billion, a PE ratio of 29.36, a price-to-earnings-growth ratio of 2.76 and a beta of 0.75. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.88 and a quick ratio of 0.88.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.01. American Homes 4 Rent had a return on equity of 5.60% and a net margin of 23.72%.The firm had revenue of $457.50 million for the quarter, compared to analysts' expectations of $451.50 million. During the same period last year, the business posted $0.45 earnings per share. The firm's revenue for the quarter was up 8.0% on a year-over-year basis. American Homes 4 Rent has set its FY 2025 guidance at 1.840-1.880 EPS. Equities research analysts forecast that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Monday, September 15th. American Homes 4 Rent's dividend payout ratio (DPR) is 108.11%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of AMH. Norges Bank acquired a new position in American Homes 4 Rent during the second quarter worth about $796,706,000. Nuveen LLC purchased a new position in American Homes 4 Rent in the 1st quarter worth about $113,669,000. Deutsche Bank AG increased its stake in American Homes 4 Rent by 336.7% in the 1st quarter. Deutsche Bank AG now owns 3,079,945 shares of the real estate investment trust's stock worth $116,453,000 after purchasing an additional 2,374,678 shares in the last quarter. JPMorgan Chase & Co. increased its stake in American Homes 4 Rent by 15.2% in the 1st quarter. JPMorgan Chase & Co. now owns 15,899,721 shares of the real estate investment trust's stock worth $601,169,000 after purchasing an additional 2,094,497 shares in the last quarter. Finally, Centersquare Investment Management LLC increased its stake in American Homes 4 Rent by 283.7% in the 1st quarter. Centersquare Investment Management LLC now owns 1,825,434 shares of the real estate investment trust's stock worth $69,020,000 after purchasing an additional 1,349,634 shares in the last quarter. 91.87% of the stock is owned by institutional investors and hedge funds.

American Homes 4 Rent Company Profile

American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating of single-family homes as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Las Vegas, NV.

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